The Department of Transportation built a new highway interchange outside of Raymond's town. Many of the businesses are suffering because the amount of traffic in town has been reduced. This is forcing employers to reduce their number of employees. What factor that affects the labor market is represented in this situation?

Question

History

Bronson Cunningham

19 January, 00:34

The Department of Transportation built a new highway interchange outside of Raymond's town. Many of the businesses are suffering because the amount of traffic in town has been reduced. This is forcing employers to reduce their number of employees. What factor that affects the labor market is represented in this situation?

+4

Answers (1)

Know the Answer?

Kirsten Lam · Answer 1

1. The Department of Transportation built a new highway interchange outside of Raymond’s town. Many of the businesses are suffering because the amount of traffic in town has been reduced. This is forcing employers to reduce their number of employees. What factor that affects the labor market is represented in this situation?

The factor that affects the labor market represented in this situation is the lost of employment rates causing hig unemployment in that area.